Short sale in another state other then your own. I would appreaciate any and all comments
from anyone that has attempted to do one. thank you in advance.
I will chase equity to the north pole if the deal makes sense and the numbers work for me. HOWEVER, I would strongly suggest getting local expertise to help out and answer specific market questions you might have. Are you planning to buy and flip? or hold? Ill assume your strategy is to flip, since a single family unit as an out of state investment sounds rife with complications and inefficiencies. Thorough due diligence is in order even before the short sale dance commences. And then, will the bank want to dance?
Good luck,
Lance Waddle
Realvestors